The Ehereum open source blockchain initiative ” The Enterprise Ethereum Alliance” have their priorities mapped out and have been very successful in creating an industry body to further the aspirations broadly support Ethereum-based technology best practices, open standards, and open source reference architectures.

According to their press release from 18 July 2017 34 organisations have joined the blockchain industry group since late May. This brings total membership to over 150 organisations added since the group’s launch in February of this year. EEA is now the world’s largest open-source blockchain initiative. EEA’s newest members represent a wide variety of business sectors, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance, as well as a number of fast-growing Ethereum startups.

According to Faura the the technological breadth, depth and variety of organisations coming together under the auspices of EEA to create and drive enterprise Ethereum standards bodes well for the future development of the next-generation Ethereum ecosystem.

EEA was formed earlier this year, seeking to evolve Ethereum into an enterprise-grade technology. EEA’s research and development is focused on privacy, confidentiality, scalability, and security. EEA is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry-specific application layer working groups.

EEA will collectively develop open industry standards and facilitate collaboration with its member base and is open to any members of the Ethereum community who wish to participate. This open source framework will enable the mass adoption at a depth and breadth otherwise un-achievable in individual corporate silos and provide insight to the future of scalability, privacy, and confidentiality of the public Ethereum permission-less network. For additional information about joining EEA, please reach out to [email protected]